Last Friday the Dunwoody Perimeter Chamber, along with 386 other organizations around the country, sent a message to Washington.
A substantial portion of the Federal government remains closed since funding expired on December 21 of last year. The shutdown, now the longest on record, includes all “non-essential” operations of the departments of Commerce, Transportation, Agriculture, Homeland Security, Justice, Interior, Housing & Urban Development, State and foreign operations, and for agencies like the IRS, EPA and for Federal research programs.
The US Chamber has heard from Chambers concerning our members’ concerns concerning the shutdown and is taking action.
The items the US Chamber have stated below are just several of the negative impacts the shutdown is causing the country and the business community:
- Companies of all sizes are delayed in their ability to secure loans, raise additional capital, complete IPOs, and process required forms and documentation;
- Mortgage approvals for homeowners and businesses are delayed;
- Travelers at airports are experiencing long waits;
- Funding for highways and transit is on hold;
- Mergers and acquisitions are being postponed;
- Imports are hindered and tariff exclusions are unprocessed;
- Farmers are frozen out of Federal credit and assistance; and
- Cybersecurity and on-site critical infrastructure inspections are affected.
We agree with the US Chamber and believe that is it time to end the shutdown. The Administration reportedly estimates the shutdown will subtract 0.1 percentage point of growth
from GDP for every week the government remains closed for business.
In order to share our thoughts, signed on to the following letter which was delivered to the President and Members of Congress:
January 18, 2019
TO THE PRESIDENT OF THE UNITED STATES AND MEMBERS OF CONGRESS:
On behalf of the American business community, we urge Congress and the administration to immediately take steps to restore the full operation of the federal government.
The current shutdown – now the longest in American history – is causing significant and in some cases lasting damage to families, businesses, and the economy as a whole. The harm is well documented and continues to compound with each passing day.
Since the shutdown began, various compromises have been floated by both Republicans and Democrats. There are numerous paths forward that would allow for the government to be reopened that should be acceptable to all parties. Failing to seize on one of those compromises that can pass Congress and be signed into law is unacceptable.
The time to act, the time to end this shutdown is now so that we can keep the economy moving forward.
To view the full letter including all signatures please visit here
We thank all businesses in our community for allowing us to advocate on your behalf.